NOT LISTED FOR SALE
-- Bed
-- Bath
4,048 Sq Ft
8,094 Sq Ft Lot Lot

Sale Details

Date Sold: February 24, 2012

Last sale price $1,200,000 $296 Per Sq Ft

21 Days on Market

Highlights

  • Ocean View
  • Ocean Side of Freeway
  • Forced Air Heating System
  • Marco Forster Middle School Rated A-
  • Cape Cod Architecture
  • Wood Burning Fireplace

About This Home

As of February 2012

OCEAN VIEW TOWNHOME STYLE 4-PLEX Seldom does an income property of this quality come on the market in this location. Upgraded OCEAN VIEW TOWNHOME STYLE building perfectly located atop one of Dana Points most charming neighborhoods. Great area above the Marina. This trophy property is situated on a secluded cul-de-sac street complimented by some high-end, stunning white water ocean view townhomes. The perfect playground for yacht & boat owners from around the world; Walking distance to the beautiful beaches and Marina lined with private Pacific Coastline estates. Note-These are not just boxy rental units; they are bright, two story, two bedroom, townhomes (one is an amazing 3 bedroom model with fireplace) with backyards and garage in a great beach neighborhood. Bonus - Great neighborhood. Stroll to the beach and enjoy Dana Point Marina and Yacht Club, the Ritz Carlton Resort, golf at the St. Regis Resort, or bike to Laguna Beach. This great building will not last long on the market.

Last Agent to Sell the Property

Cindy Bistany

eXp Realty of California Inc License #00786253 Listed on: 01/05/2012

eXp Realty of California Inc

Co-Listed By

Mike Stevins

Re/Max Coastal Homes License #01252847

Last Buyer's Agent

Danielle Purcell

Team Laguna Inc License #01063725

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 8,094 Sq Ft Lot
  • Lot Dimensions are 71x114

Parking

  • 4 Car Garage
  • Rear-Facing Garage

Property Views

  • Ocean
  • City Lights

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,048 Sq Ft Home
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Electric Fireplace
  • Carpet

Kitchen

  • Gas Oven or Range
  • Range
  • Dishwasher
  • Disposal

Outdoor Features

  • Ocean Side of Freeway

Utilities

  • Forced Air Heating System
  • Sewer Paid

Listing and Financial Details

  • Tax Tract Number 7503
  • Assessor Parcel Number 68204310

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $96
  • Gardener Expense $600
  • Insurance Expense $1,300
  • Trash Expense $672
  • Water Sewer Expense $1,100
  • New Taxes Expense $12,171
  • Gross Income $7,137
  • Net Operating Income $83,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

8,094 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: No
  • CapRate: 6.62
  • View: Yes
  • Water Sewer Expenses: 1100.00
  • Architectural Style: Cape Cod
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 68204310
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet
  • Appliances: Yes
  • Fireplace Features: Electric, Gas Starter, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 296.44

Exterior Features

  • View: City Lights, Ocean
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: No
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 9.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Dishwasher, Gas Cooking, Disposal, Range
  • Heating Type: Forced Air
  • Sewer: Sewer Paid
  • Trash Expense: 672.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size: 71x114
  • Lot Size Sq Ft: 8094.00
  • Lot Size Acres: 0.1860

Multi Family

  • Electric Expense: 96.00
  • Gross Income: 7137.00
  • Gross Multiplier: 15.11
  • Gross Scheduled Income: 83700.00
  • Insurance Expense: 1300.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 8094.0000 Square Feet
  • Net Operating Income: 83700.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • New Taxes Expense: 12171.00
  • Tax Area: 28025
  • Tax Lot: 0.
  • Tax Tract Number: 7503
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2012 02/24/12 Sold $1,200,000 -5.1% $296 / Sq Ft
01/26/2012 01/26/12 Pending -- -- --
01/05/2012 01/05/12 For Sale $1,265,000 -- $313 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,830 $1,507,262 $1,266,676 $240,586
2024 $18,830 $1,477,708 $1,241,839 $235,869
2023 $18,286 $1,448,734 $1,217,489 $231,245
2022 $14,387 $1,420,328 $1,193,617 $226,711
2021 $14,109 $1,392,479 $1,170,213 $222,266
2020 $13,969 $1,378,201 $1,158,214 $219,987
2019 $13,694 $1,351,178 $1,135,504 $215,674
2018 $13,431 $1,324,685 $1,113,239 $211,446
2017 $13,169 $1,298,711 $1,091,411 $207,300
2016 $12,917 $1,273,247 $1,070,011 $203,236
2015 $14,508 $1,254,122 $1,053,938 $200,184
2014 $14,264 $1,229,556 $1,033,293 $196,263
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S683786

California Regional Multiple Listing Service (CRMLS)

APN: 682-043-10

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